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Medway Extended Day Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043287193 ✦ Medway, MA ✦ Designated as a 501(c)(3)

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Overview

What is Medway Extended Day Inc?

Medway Extended Day Inc, located in Medway, Massachusetts, is a nonprofit organization primarily focused on providing child care services for school-aged children. Their mission is centered around ensuring the well-being and development of these children, offering them a safe and nurturing environment during out-of-school hours. The organization's activities are aligned with this goal, making it an essential component in the community for families with school-age children.


Official website here: www.medwayextendedday.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating

Medway Extended Day Inc has achieved a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The charity scored an impressive 100% for having a board comprised entirely of independent members and maintaining accurate financial statements that are fully audited. Additionally, it demonstrates strong program expenditure, with nearly 90% of its expenses directed toward its programs.

However, the organization has notable limitations in its governance practices. The absence of essential policies, such as a conflict of interest policy and a whistleblower policy, as well as a lack of transparency regarding its tax forms on the website, raises some concerns. These missing elements suggest that while the organization is financially sound, it may need to enhance its governance framework to ensure comprehensive accountability.

Overall, while Medway Extended Day Inc demonstrates strong financial health and accountability, the identified gaps in policies indicate areas for improvement to bolster its governance standards and transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Medway Extended Day Inc legitimate?

Medway Extended Day Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medway Extended Day Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $474,492

For more financial information, click here


Official website here: www.medwayextendedday.com

What is the mission statement of Medway Extended Day Inc?

Medway Extended Day Inc, as a child daycare center, is dedicated to providing care for school-aged children. Their mission is to ensure the well-being and development of these children during out-of-school hours. The organization focuses on creating a safe and nurturing environment where children can learn, play, and grow, fostering their overall development and educational progress. The primary goal is to support parents by offering reliable and high-quality childcare services.


Official website here: www.medwayextendedday.com

Who is the CEO of Medway Extended Day Inc?

Ruth Morse is the President of Medway Extended Day Inc.


Official website here: www.medwayextendedday.com

What is the revenue of Medway Extended Day Inc?

Medway Extended Day Inc's revenue in 2022 was $832,166.


Official website here: www.medwayextendedday.com

Who are the executives of Medway Extended Day Inc and what are their salaries?

The average compensation at Medway Extended Day Inc during 2022 was $13,180. There are 36 employees and 9 volunteers at Medway Extended Day Inc.


Here are 7 key members and their salaries:


Amanda Carretta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Taylor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenna Francesconi (Alt Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Silun (Alt Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nora Lord (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Morse (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Graves (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.medwayextendedday.com

Where can I find the form 990 for Medway Extended Day Inc?

Medway Extended Day Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.medwayextendedday.com

Learn more at the official website: www.medwayextendedday.com

Mission Statement of Medway Extended Day Inc

Medway Extended Day Inc, a renowned child daycare center, is dedicated to providing care for school-age children. The organization's mission is crystallized in its commitment to offering child care services, specifically catering to children who are of school age. This mission is a testament to Medway Extended Day Inc's dedication towards nurturing and supporting the development of young minds during their formative years. The center's primary focus is on ensuring that these children receive the care and supervision they need while their parents are engaged in their own activities.

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Impact




July, 2024

Medway Extended Day Inc provides essential child care services for school-age children in the Medway, MA community. By offering a safe and nurturing environment for children outside of regular school hours, Medway Extended Day Inc plays a crucial role in supporting working families and ensuring children have access to quality care. This organization's impact extends beyond simple child care; it contributes to the overall well-being of both children and their families, fostering a sense of security and support in the community.




This information is meant to be a general summary of Medway Extended Day Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$832,166 (2022)
Expenses
$695,867 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $263
  • Program Service Revenue: $681,585
  • Gross Receipts: $832,166

Assets and Liabilities:

  • Total Assets: $407,735
  • Total Liabilities: $72,279
  • Net Assets: $335,456

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$681,585

Organization Details

Founding Year

1995

Principal Officer

Ruth Morse

Main Address

16 Cassidy Lane Burke School, Medway, MA, 02053

NTEE Category

Code: P33Z - Human services

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